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Laurier is approved for the U.S. Direct Loan Program. Students wishing to pursue Direct Loan Funding must complete their Free Application for Federal Student Aid (FAFSA) Master Promissory Note (MPN) each year.
Note: Laurier is not approved to receive Pell Grant Funding.
For more information, including eligibility requirements and frequently asked questions on borrowing and repayment, visit the U.S. Department of Education’s Federal Student Aid website.
Before you begin your application process, we recommend you review the comprehensive resource for U.S. Federal Student Aid, Understand Financial Aid. Students who are U.S. citizens, eligible non-citizens and who are enrolled in at least half-time in an eligible degree program can apply.
List of programs is subject to change. All new programs are reviewed for eligibility.
Before you apply for your Direct Student/Plus loans you must complete the online Free Application for Federal Student Aid (FAFSA).
We recommend that you complete your Entrance Counselling and submit your FASFA prior to July 1 annually to ensure that the first instalment of your funds will be available for September. Students who are enrolled in any online distance learning courses are not eligible to receive federal U.S. loan funding for these specific courses.
Reminder: Utilize the IRS Data Retrieval Tool when completing the FAFSA online. FAFSA completion is easier and more accurate when the IRS Tool is used. To access the IRS Tool, you will require your FAFSA PIN. IRS Data Retrieval also simplifies the verification process since it can be used to update income information.
Email the Financial Aid Office once you have submitted your FASFA. We will begin processing loan applications in August. If we require any further information or clarification of your program, you will receive an email from the Student Awards Office.
For further instructions, visit the FAFSA Tutorial: 7 Easy Steps to completing FAFSA.
Complete the application for your Direct Student/Plus Loan.
Sign your Master Promissory Note and complete your Entrance Counselling and Annual Student Loan Acknowledgement Form. To access this site you will require the PIN that you used when you completed your Free Application for Federal Student Aid.
Parents or graduate students will complete the Plus or Grad Plus request if applying for these loans.
Once your direct loan is approved the funding will be disbursed in two equal instalments (three equal instalments for graduate students) early fall and early winter. The disbursement will be sent by the U.S. Department to Laurier using an electronic funds transfer. The disbursement will be applied directly to the student fee account.
If you are receiving a Parent Direct Plus loan, this amount will be applied to the student fee account.
For first year students, the initial disbursement of funds cannot be released until after the first 30 days of your term start date.
Once the student account has been paid in full, you may request a refund of any excess funds following the refund policy processes.
The U.S. Department of Education requires all U.S. citizens receiving direct loans to participate in exit counselling shortly before they graduate, withdraw or cease to be enrolled in at least half-time.
Information on repayment of your student loans is available on the Repayment Information section of the Federal Student Aid website.
Federal Aid students enrolled at Laurier are required to meet satisfactory academic progress requirements. Laurier is required to ensure that all Federal Aid students maintain a minimum level of academic progress. Funds are awarded with the understanding that students will make progress toward their chosen degree.
The academic progress of students is evaluated prior to the disbursement of Federal Aid before the start of each academic year to determine eligibility for continued aid and after each term funded by US student aid.
Student Loan Denied Status:
Contact Us:
Connect with Service Laurier.
Office Hours:
Monday to Friday, 9:30 a.m. to 4 p.m.
Closed daily for lunch, 12:30 to 1:30 p.m.